Ripple Invests in MoneyGram Equity Honoring Commitment to Accelerate and Expand On-Demand Liquidity

MoneyGram has announced that Ripple has made the final $20 million investment in MoneyGram equity pursuant to Ripple’s original $50 million equity investment commitment made earlier this year.  In a press release on Nov. 25, it was announced that Ripple purchased the newly-issued equity from MoneyGram at $4.10 per share, paying a significant premium on MoneyGram’s market prices. The funding … Continue reading Ripple Invests in MoneyGram Equity Honoring Commitment to Accelerate and Expand On-Demand Liquidity

Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

US cryptocurrency exchange Coinbase has been awarded a new patent from the US Patent and Trademark Office for an automated system to flag and remove non-compliant user accounts.   The filing was published on Nov. 19, detailing a new system with a model that “determines a compliance score for each one of the accounts based on … Continue reading Coinbase Landed Patent for a New Compliance System to Root Out Non-Compliant Accounts

Etherscan Made 100% Inaccessible by China's Great Firewall

Etherscan.io, one of the most widely used Ethereum block explorers, was found to be inaccessible from IP addresses inside of mainland China. According to the tests performed locally, the country’s Great Firewall, which is used by the government to regulate citizens’ access to foreign internet sites, has blocked the Ethereum blockchain data site.  Greatfire.org, a … Continue reading Etherscan Made 100% Inaccessible by China's Great Firewall

DappRadar—Redefining Accuracy and Transparency in the State of Dapps

Skirmantas Januskas is the CEO and founder of DappRadar.He joined the crypto and decentralized applications (Dapps) space in late 2017 and found his interest peaked by the enthusiasm and kindness of those he interacted with in the community. He founded DappRadar in February 2018, a website that lists the best Ethereum Dapps and ranks them … Continue reading DappRadar—Redefining Accuracy and Transparency in the State of Dapps

Ethereum Istanbul Hard Fork Successfully Completed and Supported by Major Exchanges

Ethereum has successfully hit block number 9,069,000, where the Istanbul hard fork has been completed. Istanbul is Ethereum’s eighth hard fork overall, addressing issues such as denial-of-service attack resilience, interoperability with equihash-based proof-of-work and gas costs, which is the cost to send a transaction on the Ethereum network.   The lowered gas costs enabled by Istanbul’s Ethereum … Continue reading Ethereum Istanbul Hard Fork Successfully Completed and Supported by Major Exchanges

Alternatives of USDT Gained Wider Merchant Access including Microsoft

BitPay, the blockchain payments processor, now supports three stablecoins, namely, Circle’s USD, the Gemini Dollar, and Paxos Standard Token. This will allow over 30,000 merchants, including Microsoft and Avnet to accept payments in these three stablecoins. Essentially, BitPay’s users, alongside its prepaid cardholders will have the choice to spend the above – mentioned stablecoins through … Continue reading Alternatives of USDT Gained Wider Merchant Access including Microsoft

Accenture Forms Strategic Partnership with TradeIX, Joining the Marco Polo Network

Professional services firm Accenture has partnered with TradeIX to create new use cases for the buyers and sellers in the trade finance market. TradeIX, a trade finance blockchain startup, previously launched the Marco Polo Network along with R3.   It was announced earlier that Accenture Ventures had invested an undisclosed amount in TradeIX, while Accenture also became a strategic partner with … Continue reading Accenture Forms Strategic Partnership with TradeIX, Joining the Marco Polo Network

SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

The United States Securities and Exchange Commission (SEC) is looking to allow more individuals and entities to participate in private capital markets.  The current criteria for the status of an accredited investor take into account an individual’s income and net worth. Individuals with over $1 million in net worth and $200,000 in annual income, or $300,000 in joint … Continue reading SEC New Accredited Investor Definition Could Increase Access to Certain Crypto-Related Products

Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency

The New York Times recently announced that the US and Canada crypto investors are unable to access their money amounting to $250 million. This drama started after the founder of Quadriga CX cryptocurrency exchange –Gerald W. Cotten – was reported dead. The shocking revelation leftinvestors finding themselves unable to retrieve money in their accounts. The company’s operations were encrypted, and … Continue reading Crypto Investors Unable to Access Their Money: 8 Things to Consider Before Investing in Cryptocurrency

EY Ops Chain: Bringing Transparency and Accountability to Public Finance Management

Exclusive interview with Jimmy Ong, Ernst & Young: Part 1 Governments utilize enterprise resource planning (ERP) tools to track public finance nowadays, however, how can we ensure the tracking of public funds is transparent and accountable to the general public? Ernst & Young (EY) has been the leader in using blockchain to track public finance. … Continue reading EY Ops Chain: Bringing Transparency and Accountability to Public Finance Management

Exit mobile version